NetworkNewsBreaks – Nemaura Medical Inc. (NASDAQ
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Posted On: 02/23/2022 2:17:57 PM
NetworkNewsBreaks – Nemaura Medical Inc. (NASDAQ: NMRD) Producing What Was Thought to Be Implausible
Nemaura Medical (NASDAQ: NMRD) has long focused on its corporate mission to develop non-invasive wearable diagnostic devices designed to help diabetic and near-diabetic patients monitor blood glucose levels by measuring blood markers at the surface of the skin. Its revolutionary sugarBEAT(R) constant glucose monitoring (“CGM”) device provides users with non-invasive glucose monitoring. Recently, the company released the MiBoKo application, an offering that uses a non-invasive glucose sensor to determine users’ Metabolic Score, which is based on glucose tolerance or insulin resistance. Nemaura Medical’s efforts come amid a rise in the global diabetic population that has led to an exponential increase in the use of CGM devices, which provide both diabetic and pre-diabetic individuals with early detection of hypo and hyperglycemic conditions. A report forecasts the blood glucose monitoring system market to grow at a CAGR of 9.6% between 2021 and 2026 to reach $27.2 billion (https://nnw.fm/Uq4kx). A recent article reads, “With constant glucose monitoring devices rapidly gaining proponents amongst endocrinologists and the public alike, Nemaura Medica has set out to produce what was hitherto thought to be implausible — a revolutionary product through which patients can monitor their sugar levels without needles or the need for the individual to puncture their skin.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Nemaura Medical (NASDAQ: NMRD) has long focused on its corporate mission to develop non-invasive wearable diagnostic devices designed to help diabetic and near-diabetic patients monitor blood glucose levels by measuring blood markers at the surface of the skin. Its revolutionary sugarBEAT(R) constant glucose monitoring (“CGM”) device provides users with non-invasive glucose monitoring. Recently, the company released the MiBoKo application, an offering that uses a non-invasive glucose sensor to determine users’ Metabolic Score, which is based on glucose tolerance or insulin resistance. Nemaura Medical’s efforts come amid a rise in the global diabetic population that has led to an exponential increase in the use of CGM devices, which provide both diabetic and pre-diabetic individuals with early detection of hypo and hyperglycemic conditions. A report forecasts the blood glucose monitoring system market to grow at a CAGR of 9.6% between 2021 and 2026 to reach $27.2 billion (https://nnw.fm/Uq4kx). A recent article reads, “With constant glucose monitoring devices rapidly gaining proponents amongst endocrinologists and the public alike, Nemaura Medica has set out to produce what was hitherto thought to be implausible — a revolutionary product through which patients can monitor their sugar levels without needles or the need for the individual to puncture their skin.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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